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One of the great innovations of the modern age is the ability of eCommerce to connect businesses, merchants, and consumers all across the world. Not only has this opened up new opportunities for businesses and consumers alike, but also it has expanded the realm of what is possible for small and medium enterprises on the global stage. And here we start with the interesting part of the current topic.

A major development over the course of 2020 that might have gotten lost in the shuffle of the pandemic is the emergence of a global transactional ecosystem to govern digital payments and transactions moving forward. While this has long been in the making, 2020 gave special impetus to get this process completed and for more than a few reasons.

There’s little doubt that digital banking solutions and virtual IBANs truly came into their own in 2020. | Monneo Digital Banking Solutions

Disruption is a buzzword that is often bandied about in the media for one reason or another but rarely do we take time to consider what it actually means in the marketplace.

Digital banking is not only the future of banking but also it is allowing for new business segments to emerge and for smaller companies to compete on a more level playing field with major competitors.

Digital banking is not only the future of banking but also it is allowing for new business segments to emerge and for smaller companies to compete on a more level playing field with major competitors.

After all, big players like Amazon and Alibaba might suck up all the air time in the press, but they are far from the only eCommerce players out there. In fact, if anything, the Internet has leveled the playing field for small-time businesses in a way that few could have imagined.

Online merchants need payment solutions and services that meet their custom and very specific business needs, as well as those that are adaptable to this ever-changing economic and business environment.

The COVID-19 pandemic is nothing less than an inflection point for the global economy. From this point on, people will discuss business in terms of pre-COVID-19 and post-pandemic

This year witnessed the emergence of alternatives born out of necessity rather than as something in addition to traditional establishments and the shift couldn’t be more pronounced in everything from personal finance to business.

Like any other industry in 2020O, online dating also faced challenges. In this economically turbulent period, online dating industry has not only successfully overcome the bumps on the road, but also managed to post impressive and continued growth figures.

The fast-changing world of digital business is one in which staying ahead of the competition is often as much about thinking outside of the box as it is anything else.